Fakeout

DeFi

A fakeout is when the price of a cryptocurrency briefly moves in one direction, making traders believe a new trend is starting, but then quickly reverses back, showing that no real trend was happening.

Definition
A fakeout is when the price of a cryptocurrency briefly moves in one direction, making traders believe a new trend is starting, but then quickly reverses back, showing that no real trend was happening.

Top tokens across all chains

  • SOL
    SOLWrapped SOL
    $66.50$4.17B
  • USDC
    USDCUSD Coin
    $1.00$1.47B
  • USDT
    USDTTether USD
    $1.00$1.40B
  • DAI
    DAIDai Stablecoin
    $1.00$967.09M
  • USDC
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    $1.00$857.66M
  • WETH
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    $1.68K$801.04M
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    $1.00$595.90M
  • WBNB
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    $600.98$585.92M
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    $63.74K$532.50M
  • USDT
    USDTTether USD
    $1.00$529.43M